Cloud, AWS consulting and DevOps services startup founded 2020 by Saurabh Subedi and Projwal Sharma (operations began mid-2022); acquired in August 2025 by US firm TechBay Digital at a reported valuation of USD 2.4 million.

Licensed Payment System Operator (PSO) whose operating licence was revoked by Nepal Rastra Bank in October 2025 under Section 13(6) of the Payment and Settlement Act, 2075.

Mobile wallet that received its payment service provider licence from NRB on 5 September 2019 but was inactive for a long time; NRB declined to renew the licence in February 2025.

Licensed payment service provider whose licence was scrapped by Nepal Rastra Bank on 19 June 2025 for violating payment and anti-money-laundering provisions.

Digital wallet service operated by Prabhu Technology Pvt. Ltd.; reported to have over 500,000 downloads. Ceased operations in October 2025 after Nepal Rastra Bank revoked the company's operating authorisation.

Licensed payment service provider (Sajilo Pay Payment Services Pvt Ltd) whose licence was scrapped by Nepal Rastra Bank on 19 June 2025.

Web-based internet banking channel of Sanima Bank, permanently discontinued from 30 November 2025 in favour of the bank's mobile banking app, Sanima Sajilo e-Banking.

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Based in Birgunj-16, Parsa; licence granted 2 February 2020.

Rural telecom licensee (licence RTS-EDR-01, granted 21 November 2003 to STM Telecom Sanchar Pvt. Ltd.) whose licence NTA formally confirmed as revoked, effective 2 January 2024, after a missed renewal deadline.

Remittance company that merged with IME Remit; the combined entity began integrated operations on 14 Aug 2024 and NRB lists it as IME Limited (after acquiring GME Remit Pvt Ltd).

Merchant bank that merged with Sunrise Capital to form Laxmi Sunrise Capital Limited (LS Capital), which started unified operations in January 2024. Merger agreement signed 18 Ashoj 2080 BS.

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Based in Birendranagar-6, Surkhet; licence acquired 16 September 2019.

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Run by Regmi Media Inc., Bhairahawa; licence obtained 9 October 2014.

Payment system operator providing card switch infrastructure; acquired by Nepal Clearing House Limited in 2024 on a 1:0.28 share swap, with joint operations following.

Nepali e-commerce marketplace that went offline after financial and commercial difficulties; IME Group bought a majority of shares in July 2024 with a stated plan to rebrand and relaunch it.

Merchant bank that merged with Laxmi Capital Market to form Laxmi Sunrise Capital Limited (LS Capital), which started unified operations in January 2024.

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Licence issued 28 November 2018 and expired 28 November 2023.

Domestic (within-Nepal) remittance business of eSewa Money Transfer. The company closed it completely from 1 January 2023 and refocused on inward remittance from abroad.

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Licence issued 22 November 2018 and expired 22 November 2023.

Private mobile operator (brand Smart Cell). NTA revoked its licence over unpaid dues in April 2023 and the state took control of its assets; a bank-led auction of pledged assets later won by Ncell Axiata is disputed and under prosecution.

Ride-sharing app launched in January 2017. After a hiatus, in September 2023 Zapp Today relaunched the Tootle brand with a new app under new management.

Basic telephony service of United Telecom Limited using CDMA wireless-local-loop technology with limited mobility. UTL held a CDMA WLL licence from 2002 and was among operators whose licence the NTA annulled in December 2023.

E-commerce and offline electronics retail chain that began operating in Nepal in November 2020 as a subsidiary of Analogue Inc; GadgetByte Nepal reported on 3 August 2022 that it had ceased operations and its website and stores were not operating.

Online marketplace founded in 2017 by four entrepreneurs; relaunched in August 2022 as Saajha Online Shopping under a board led by chartered accountants, with a new website saajha.com.np.

Wallet/payment service provider licensed by NRB on 8 October 2020 (Lainchaur, Kathmandu); licence revoked after the service could not be brought into operation for a year.

Wireless digital terrestrial TV service (DVB-T2) of Prabhu Group, launched 17 June 2018 and later also offering fibre internet. Merged into DishHome in 2021; TV and internet are served under the DishHome brand.

Video streaming service offered to Nepali users through Ncell from 2017, including free access for some Ncell data users. Ncell stopped providing it from 6 June 2020 without giving a reason; iflix continued in other countries.

Described as Nepal's first online news portal, started in 1998. Its parent Mercantile Communications announced a shutdown in January 2015; the portal was later bought by Yeti Group subsidiary Nepal News Private Limited, relaunched, and shut again in May 2020.

Chinese mobile payment apps used by Chinese tourists and traders in Nepal outside the formal banking system. Nepal Rastra Bank banned their use in May 2019, with the threat of criminal investigation for users.

Rural telecom service provider operating under the brand Hello Nepal, licensed in February 2018; NTA revoked its licence on 19 August 2019 after it failed to clear about Rs 800 million in dues.

Online shopping portal acquired by F1Soft International, owner of eSewa, in June 2018 and rebranded and operated as eSewaPasal.com to tie it to the eSewa brand.

Open online marketplace in Nepal operating as Kaymu; renamed Daraz in July 2017 with new logo, name, apps and domain (daraz.com.np). The kaymu.com.np domain was retired.

Ncell offer giving customers free text-based access to Facebook, introduced on 15 February 2017. Ncell ended it by SMS notice effective 2 May 2017 after criticism that it breached net neutrality; free Twitter and Wikipedia offers had been closed earlier.

Reshipping/e-commerce website that let people in Nepal buy goods from US retailers and have them delivered to Nepal. It stopped taking orders in August 2016 and, per TechLekh's August 2017 update, had not resumed.

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Based in Daman, Hetauda.

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Based in Liwang, Rolpa.

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Based in Arghakhanchi.

Internet service provider whose operating licence was scrapped by NTA in April 2012; it was found operating an illegal VoIP call-bypass service and had lent its licence to another company, Airwave.

Kathmandu software/IT services company serving government, public-sector and BFSI customers. Acquired by Atlanta-based Software Paradigms International (SPI) in May 2011 and combined into a new organisation named SPI Nepal.

One of two DTH providers (with Home TV) whose merger in 2010 created the DishHome direct-to-home TV service operated by Dish Media Network Ltd.

One of two DTH providers (with Dish Nepal) whose merger in 2010 created the DishHome direct-to-home TV service operated by Dish Media Network Ltd.

Consumer mobile brand of Spice Nepal, described as Nepal's first private mobile operator, launched in 2005. After TeliaSonera took a majority stake (2008) the brand was changed to Ncell in March 2010 and Mero Mobile was retired.

State-owned telecom corporation formally established under the Communications Corporation Act; transformed into the company Nepal Doorsanchar Company Limited (NDCL) from Baisakh 1, 2061 BS, trading publicly as Nepal Telecom.

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Named by Kathmandu Post among seven operators whose licences NTA cancelled roughly five months before December 2023.

Pakistan-based e-commerce company operating in Nepal among other markets; acquired by Alibaba Group in May 2018.

Online marketplace operating in Nepal; started as Kyamu in 2013 and acquired by Alibaba Group in 2018. Announced layoffs in Nepal on 27 February 2024.

Offers omnichannel telephony and call-centre solutions and missed-call banking services. Swift Technology, a fintech subsidiary of IME Group, bought a majority stake for an undisclosed sum (announced 31 March 2022).

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Named by Kathmandu Post among seven operators whose licences NTA cancelled roughly five months before December 2023.

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Named by Kathmandu Post among seven operators whose licences NTA cancelled roughly five months before December 2023.

Free online classified portal for buying and selling goods, launched by Prabal Saakha with Pranav Shrestha and Pranay Shrestha. Acquired by MNS Investments in 2021, with Rohit Tiwari named CEO.

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Named by Kathmandu Post among seven operators whose licences NTA cancelled roughly five months before December 2023.

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Named by Kathmandu Post among seven operators whose licences NTA cancelled roughly five months before December 2023.

AI/ML and software development company acquired by Nasdaq-listed reAlpha Tech Corp.

CDMA fixed-wireless and mobile service of Nepal Telecom, sold under the Sky Phone and C-Phone brands. Nepal Telecom later switched off its CDMA base stations nationwide and began returning the 850 MHz spectrum to the regulator.

Wireless broadband service run by Nepal Telecom in a 30 MHz slice of the 2300 MHz band, available only in a few hilly areas. Nepal Telecom moved existing users to 4G with a 4G router and considered handing the spectrum back to the regulator.

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Named by Kathmandu Post among seven operators whose licences NTA cancelled roughly five months before December 2023.

Nepali game studio that attempted an open-world PC/mobile game, Chronicles of the Himalayas; described in October 2020 as "now-defunct".

Telecom/internet service provider; its licence was cancelled by the Nepal Telecommunications Authority. Named by Kathmandu Post among seven operators whose licences NTA cancelled roughly five months before December 2023.